Blackrock Muni Enhanced Fund, Inc.
MEN
MEN was delisted on the 16th of April, 2021.
58 hedge funds and large institutions have $70.5M invested in Blackrock Muni Enhanced Fund, Inc. in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 6 closing their positions.
8% more capital invested
Capital invested by funds: $65.3M → $70.5M (+$5.12M)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
2% less funds holding
Funds holding: 59 → 58 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.53M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$3.15M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$799K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$672K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$484K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$4.79M |
| 2 |
Cohen & Steers
New York
|
-$1.28M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$766K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$641K |
| 5 |
PAS
Park Avenue Securities
New York
|
-$601K |
MEN Hedge Fund Activity: Q3 2020 in Review
58 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Enhanced Fund, Inc. (MEN) for Q3 2020, worth a combined $70.5M — up 7.8% from $65.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MEN and 5 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 17 added.
The largest buyer was Karpus Investment Management, adding an estimated $4.53M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $4.79M sold.
- 58 institutional investors held Blackrock Muni Enhanced Fund, Inc. (MEN) as of Q3 2020, down from 59 in Q2 2020.
- Funds reported $70.5M of Blackrock Muni Enhanced Fund, Inc. stock for Q3 2020, up 7.8% quarter-over-quarter.
- 5 funds opened new Blackrock Muni Enhanced Fund, Inc. positions in Q3 2020 and 6 closed out, a net change of -1 holder.
- The largest Blackrock Muni Enhanced Fund, Inc. buyer in Q3 2020 was Karpus Investment Management, an estimated $4.53M added.
- The largest Blackrock Muni Enhanced Fund, Inc. seller in Q3 2020 was Robinson Capital Management, an estimated $4.79M sold.
Based on aggregated 13F filings for Q3 2020.